IFS certifies 5,000 advisers

The Institute of Financial Services has revealed that 5,000 advisers have now taken its Certificate in Regulated General Insurance.

The single-module qualification was developed around the tried and tested model of CeMAP, the benchmark qualification for mortgage advisers.

The regulation of general insurance activities requires that employers have in place suitable competence and training arrangements for those carrying out regulated activities.

Mark Roberts, head of faculty financial regulation at the ifs, says: Combining CeRGI, training and testing on processes and products specific to the individuals tasks, along with suitable methods of assessing competence in the workplace, can form the basis of a scheme to provide evidence of competence required by the regulators.